South Africa woes cast doubt on BHP spin-off success
There are a number of challenges South32 is likely to face, including potential Black Economic Empowerment ownership concessions and power price hikes.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Honeywell lockout at Illinois uranium plant coming to an end
The seven-month work stoppage as crippled the U.S. only facility that converts uranium oxide into hexafluoride, used as fuel in nuclear power plants.
Mount Polley disaster prompts new tailings ponds regulations
The regulation forces mining companies to consider the possibility of a tailings disaster and evaluate the environmental, health, social and economic impacts of an accident.
China claims coal mine deaths down to record low
Coal mine fatalities in China dropped almost 87% to 931 last year from more than 7,000 casualties registered in the sector in 2002, according to official figures recently disclosed.
Obama unveils long-awaited fracking rules
The updated regulations, in the works since 2012, set standards for wells and disposal of wastewater. They also require disclosure of chemicals used.
Caterpillar Feb. sales down 11%
The company experienced a annual drop in the resource industries segment sales in every geographic region except Asia/Pacific.
US grants Peru $1m for Amazon clean-up due to illegal mining legacy
Funds aim to help reduce the use of mercury and design remediation plans in Peru's southern regions.
Chile imposes 2nd highest fine in history to Pan Pacific Caserones mine
Japan's top smelter, Pan Pacific Copper, will have to pay $11.9 million for breaching several environmental rules.
Barrick faces multi-billion dollar suit over Porgera mine
PNG landowners have submitted a position statement, outlining “irreparable losses” as a result of social, economic and environmental damages allegedly caused by the operation.
Gold price to double by 2030 thanks to Asia: report
ANZ predicts that as incomes rise across Asia, particularly in China and India, so will the appetite for gold rings and necklaces.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
